AAHOA’S THIRD ANNUAL HerOwnership Conference will be held Sept. 12-13 in Redondo Beach, California, featuring speakers and sessions to help women succeed in hotel ownership. The event includes three breakout... Read More
Author: asiantrader
THE KABANI HOTEL Group arranged the off-market sale of a 110-room independent hotel in Miami Springs, Florida, for $16.2 million, or $147,272 per room. The 110-room, six-story property, recently updated,... Read More
THE HOSPITALITY SHOW 2024 will feature sustainability programming, including the co-location of the World Sustainable Hospitality Alliance’s Autumn Summit. The Show, produced by Questex and the American Hotel & Lodging... Read More
The American Hotel & Lodging Association, AAHOA, the National Association of Black Hotel Owners, Operators & Developers, and the Latino Hotel Association are marking National Hotel Employee Day on and... Read More
U.S. HOTEL PERFORMANCE reported positive year-over-year comparisons for the fourth week of August, according to CoStar. However, key metrics, including occupancy, RevPAR, and ADR, declined compared to the previous week. Occupancy... Read More
HomeTowne Studios Tampa – Airport is now open in Tampa, Florida. The 124-room hotel will be operated by Dhruv Management, led by President and CEO Vijay Patel, and was developed... Read More
PEACHSTATE HOSPITALITY, LED by President and CEO Danny Patel, recently chose TPG Hotels & Resorts to manage its two Marriott-branded properties in Augusta, Georgia. These properties are the 124-room Residence... Read More
THE U.S. HOTEL industry is set to benefit from the General Services Administration’s recent decision to raise per diem rates for fiscal year 2025. This is the first increase in... Read More
EXTENDED-STAY ROOM revenue rose 3.4 percent in the first half of 2024 and 5.1 percent in the second quarter, while occupancy decreased 0.2 percent in the first half but increased... Read More
A NEW GROUP, led by two Indo American hoteliers, has formed to oppose the New York City Council’s proposed “Safe Hotels Act,” otherwise known as Intro 991. The new group,... Read More